Stocks in News

Reliance Communication :- Anil Ambani’s company Reliance Com. has finalised a $1.93 billion Chinese loan with China Development Bank. The company proposes to use $1.33 billion to refinance the 3G spectrum fees while the balance would be used for import of Chinese telecom equipment.
Impact on Bull : Positive

GMR :- The company is setting up a captive power plant of 420 MW to meet the energy needs of Indira Gandhi International Airport’s Terminal 3. The company estimates its power demand will increase by 8-9% to 250 MW in a few years from now. It plans to feed the surplus power from the captive plant into the northern grid, which would boost availability in Delhi and other states in the region.
Impact on Bull : Positive

Mercator Lines :- The company expected to boost its Indonesian coal production to 3.5 million tonne a year with a new mine. This mine is expected to start its operations this year and produce 2 MTPA of 6000GAD coal.
Impact on Bull : Positive